Tagged: Energy

In his New York Times Magazine column this week, Adam Davidson writes about taxing social costs of activities that are not captured by free-market prices. Here's an excerpt.

The Kulluk, the Shell oil-drilling rig that washed aground last weekend, is afloat and being towed to shelter on Kodiak Island in the Gulf of Alaska. The craft began its 30-mile trip late Sunday night. Examinations of the vessel have not found any signs of a leak.